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<p>[QUOTE="calcol, post: 7964118, member: 77639"]Ya know, safe deposit box burglaries and govt confiscation make the news because they are so uncommon. Commercial planes are the safest way to travel. Crashes are very rare but are huge news for just that reason.</p><p><br /></p><p>The safe deposit “bank” in the story was not part of the Federal Reserve system. If you trust your goodies to such outfits, just about anything can happen. This SDB “bank” was owned by folks who were already on law enforcement radar. Had to laugh at the sign on the door saying “insured” … right. And it looks like you can see SDBs through the glass on the front … what kind of vault is that? Federal Reserve banks have lots of rules to follow including security, accounting, etc., and they are regularly inspected and audited. They keep their own cash and records in the vault after hours … a strong incentive for good security.</p><p><br /></p><p>Storage of large amounts of cash is always suspicious. Why? Because it can only go down in value and is risky as well. One common reason for doing it is because the cash was gotten illegally.</p><p><br /></p><p>Safes can be pretty good security if they are good ones. And good ones are pricey and heavy. Once thing is certain. If a robber puts a gun to your head or head of a family member, you will open it … ask Willis DuPont. See the link.</p><p><br /></p><p>Cal</p><p><br /></p><p><a href="https://www.pcgs.com/news/great-du-pont-coin-robbery-and-recovery" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/news/great-du-pont-coin-robbery-and-recovery" rel="nofollow">https://www.pcgs.com/news/great-du-pont-coin-robbery-and-recovery</a>[/QUOTE]</p><p><br /></p>
[QUOTE="calcol, post: 7964118, member: 77639"]Ya know, safe deposit box burglaries and govt confiscation make the news because they are so uncommon. Commercial planes are the safest way to travel. Crashes are very rare but are huge news for just that reason. The safe deposit “bank” in the story was not part of the Federal Reserve system. If you trust your goodies to such outfits, just about anything can happen. This SDB “bank” was owned by folks who were already on law enforcement radar. Had to laugh at the sign on the door saying “insured” … right. And it looks like you can see SDBs through the glass on the front … what kind of vault is that? Federal Reserve banks have lots of rules to follow including security, accounting, etc., and they are regularly inspected and audited. They keep their own cash and records in the vault after hours … a strong incentive for good security. Storage of large amounts of cash is always suspicious. Why? Because it can only go down in value and is risky as well. One common reason for doing it is because the cash was gotten illegally. Safes can be pretty good security if they are good ones. And good ones are pricey and heavy. Once thing is certain. If a robber puts a gun to your head or head of a family member, you will open it … ask Willis DuPont. See the link. Cal [URL]https://www.pcgs.com/news/great-du-pont-coin-robbery-and-recovery[/URL][/QUOTE]
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